Website SEO - Anchor text and page rank

Links to websites are still a major ranking factor for search engines but what happens when one webpage has two links, pointing to the same URL? Google go on to suggest that people working on search engine optimisation should step back and consider the bigger picture like website structure and the user experience but they go on to answer the question anyway. 

For any people interested in SEO, this series of YouTube videos available on the webmasters page is well worth a look. Some of them are a bit dated but they do tend to give good insights. 

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