Nancem,
if your walls are clean, free from dust , not a builder's low grade flat(chalkly) paint and no repairs, yes you should be fine to go ahead with your regal matte,
2 finished coats- Since you are not working with a saturated color, and this being a more softer creamier yellow and a number one base you should be able to get good coverage with 2 coats . Yellows are very transparent , but you seem to be using one with a pastel base.
wow , couldn't hard get the post to work. no where to type anything. The little cursor just vanished .