{
  "experimentId": "ladder-versus-single",
  "inputs": {
    "due": 90,
    "maturity": 180,
    "obligation": 500000,
    "principal": 1200000,
    "rungs": 4,
    "yield": 4
  },
  "modelVersion": "yieldguard-experiments-1.2.0",
  "receipt": {
    "id": "e720265920635d49b1aa28e8d47061c1814f65606df019197e63128eaa41de39",
    "request": {
      "operation": "run",
      "experimentId": "ladder-versus-single",
      "inputs": {
        "due": 90,
        "maturity": 180,
        "obligation": 500000,
        "principal": 1200000,
        "rungs": 4,
        "yield": 4
      },
      "seed": 42,
      "startDate": "2026-01-01"
    },
    "inputHash": "525e409b5e82b3615cf854ce2340b758966e5f3f6f07ad44a2892ef7533c35ba",
    "disturbanceHash": "0b88a213fa0eeb8c148e9bc7d9b12a1305c9e18e1b7271f69c5604d14af0b0bc",
    "evidence": [
      {
        "class": "assumption",
        "source": "Prepared illustrative inputs: ladder-versus-single",
        "observationDate": "not observed",
        "transformation": "Explicit user overrides; monetary inputs rounded to cents; annual rates in percentage points; ACT/365 calendar time; USD per EUR.",
        "status": "illustrative"
      }
    ],
    "limitations": [
      "Illustrative user assumptions; no live market data or calibrated forecast.",
      "Results apply only to the declared mechanisms, horizon and search bounds.",
      "No market refresh, AI calculation, trade execution or forecast calibration.",
      "Receipts are content-addressed local calculation records, not externally signed attestations.",
      "Deterministic calculation: the seed is recorded for the common receipt contract; this experiment samples no random disturbances."
    ]
  },
  "metrics": [
    {
      "key": "ladderAvailable",
      "label": "Ladder proceeds by payment day",
      "value": 604438.35,
      "unit": "USD"
    },
    {
      "key": "singleAvailable",
      "label": "Single maturity proceeds by payment day",
      "value": 0,
      "unit": "USD"
    },
    {
      "key": "availabilityDifference",
      "label": "Ladder minus single availability",
      "value": 604438.35,
      "unit": "USD"
    },
    {
      "key": "minimumCash",
      "label": "Minimum available cash",
      "value": 0,
      "unit": "USD"
    },
    {
      "key": "finalCash",
      "label": "Final available cash",
      "value": 714794.52,
      "unit": "USD"
    },
    {
      "key": "shortfall",
      "label": "Largest funding deficit",
      "value": 0,
      "unit": "USD"
    }
  ],
  "interpretation": "Earlier rung maturities improve deadline liquidity; matured proceeds are held as cash without reinvestment in this experiment.",
  "warnings": [
    "Illustrative assumptions; no live data or forecast calibration."
  ],
  "timelineKind": "cash",
  "feasibilityAssessed": true,
  "feasible": true
}