Merger Model & LBO Interview Questions

Is it common for banks to ask merger model and LBO questions in interviews for summer analysts? I know they are in the 400 questions guide, but from what I've heard from a few people these types of questions aren't asked very often at most firms, excluding the EB's. Just trying to figure out if these concepts are worth learning coming from an LAC background, or if I should focus my time on really nailing down the accounting/valuation technicals. Any information is greatly appreciated.

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