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welcome to another tutorial video this time were going to be going through some sample interview questions and answers related to leveraged buyouts and lvo models so a typical question that we get on this topic goes something like this if I dont have much of a finance background how much do I need to know about LBO models and interviews should I expect case studies or modeling tests and how quickly should I be able to build a model the short answer to these types of questions is that LBO related questions could definitely come up but key studies are not terribly likely except for private equity interviews or if you have more experience and youre going for more advanced roles within Investment Banking one trend recently is that interviewers have been asking more difficult questions on the fundamentals and in this context what it really means is giving you a trickier or more complicated scenario and asking you to approximate the internal rate of return or the IRR in an LBO another po