Keybanc Capital Markets interview questions

Interview process was 4 rounds total - HR screen, phone call with VP, video interview with associate, and then final round was a panel interview with two analysts, associate, and the VP.

Why IB? Why KeyBanc? Why Insustrials? Why Middle Market? What are the 3 main valuation methods? Walk from revenue to FCF. How do you calculate WACC? How do interest rates affect WACC? How does a lower WACC affect valuation? Whats the highest yielding valuation methods? Whats a fourth valuation method? (LBO) What’s an LBO at a high level? How can a PE firm increase the exit multiple? How does increasing the exit multiple affect IRR?