Which of the following statements about leverage adjusted duration gap is true?

It indicates the dollar size of the potential net worth.

Its value is equal to duration divided by $(1+R).$

It reflects the degree of maturity mismatch in a financial institution's balance sheet.

Larger the gap in absolute terms, the more exposed the financial institution is to interest rate shocks.

It is equal to the duration of the assets minus the duration of the liabilities.