Are questions on distressed companies important in an investment banking interview?
I'm reviewing the 400 questions IB guide and some questions in there are for people who have done previous deals (I'm a junior in college with no ib experience). Some questions are also specific about distressed companies (ex. how is a DCF different or what happens in x for a distressed company). Is that something that I should study for IB interviews at my level or should I expect those questions?
In my experience, I only got asked those questions when interviewing for Rx roles at boutiques. Never got asked about distressed when interviewing at BBs
Got asked it in Lazard interview. It was for their M&A/RX team so understandable
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