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Could I transfer a yahoo domain name to godaddy hosting?

I want to purchase a domain name from yahoo and I already have 3 year hosting from godaddy, would it be possible to transfer the domain name to godaddy's hosting account that I own? I am 99% sure the answer is yes but I don't want to start spending money everywhere without being sure.

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  1. Yes, you should be able to configure the DNS settings at Yahoo to point to the hosting server at Godaddy, if the domain registration purchased at Yahoo allows for "domain/DNS management". I am not sure if Yahoo will have free domain/DNS management or you need to add that to your cost. If you use something like Dotster, you need to add the domain tools when purchasing the domain.
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