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Necessary and sufficient condition for $f(f(x))=x$

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Based on the concept that $f$ is increasing then all the solutions of the equation $f(x)=f^{-1}(x)$ lie on the line $y=x$. I have two questions:

Can I solve $f(f(x))=x$ by taking $f(x)=x$ if $f$ is monotonic increasing?Answer to this seems yes to me.

What are the necessary and sufficient condition for $f(f(x))=x$?Is is necessary for it have an inverse or monotonic?

Can we not have an invertible function which satisfies $f(f(x))=x$


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