This problem is from Introduction to Classical Mechanics With Problems and Solutions by David Morin. The solution is also given in the book for this particular problem.
Problem #6.6.1
A particle moves in a potential $V(r) = -V_0 \exp(-\lambda^2 x^2)$.
(a) Given angular momentum $L$ find the radius of the stable circular orbit.
(b) It turns out that if $L$ is too large, then a circular orbit doesn't exist. What is the largest value of $L$ for which a circular orbit does indeed exists? What is the value of $V_{eff}(r)$ in this case?
The first part to this problem is straight foward, minimize $V_{eff}(r)$ and solve for $r_0$, which gives the radii for the circular orbit If one solves for $r_0$ then one gets, $L^2 = (2m V_0 \lambda^2)r_0^4 \exp(-\lambda^2 r_0^2)$. Now the subtle point here is that there isn't always going to be a solution to this; for large value of $L$ there is no solution. But in general there is going to be two solution for $r_0$. This can be seen from the plot of $V_{eff}(r)$.
So my question is, how to actually find $r_0$? I want to get a value, and then say that for this value the orbit is stable or unstable. Can someone guide me? Secondly, the relation has $r_0^4$, so how can it have just 2 solutions? What about the other 2?