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MathNet 2021 — Part 08 Question 11

Math Olympiad Vault · MathNet 2021 — Part 08

Question 11

Suppose that $a, b, c, d$ are positive real numbers satisfying $(a+c)(b+d) = ac+bd$. Find the smallest possible value of
$$
\frac{a}{b} + \frac{b}{c} + \frac{c}{d} + \frac{d}{a}
$$