A bond that pays interest forever and has no maturity date is a perpetual bond. How is

Question:

A bond that pays interest forever and has no maturity date is a perpetual bond. How is the yield to maturity on such a bond determined?

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...