Be careful with Yahoo; make sure you cancel your PayPal subscription as soon as you're registered or they'll hit you up for excessive renewal weeks before your domain expires.
I just transferred a domain away from them that I got last year with a voucher; 2 weeks AFTER I transferred it away...
You don't need either a control panel or a dns server; use a third-party dns solution such as: cloudflare.com
lowendtalk.com/wiki/free-dns-providers <- good list of free dns here
Cloudflare works great and is free. Sign up, add your domain and follow the instructions; you'll need to point an 'A'...
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