This question has come up with relative frequency, so I'm going to write the step-by-step directions to let you get your reference CD into your computer as .wav files or mp3 files.
These step by step directions are for converting a disc to .wav files, but the steps will be similar for converting to MP3 too.
Blue Book is the name given to the Enhanced Music CD or CD-Plus (a dual session yellow/red books) format. Its name comes from the series of books, also called the 'Rainbow Books' that define all compact disc formats. The first session on the disc is a red book session and can be played on any CD player. The second session is a yellowbook session. This can be any data readable by a computer. There is almost no limit to what you can add to you audio CD release.
Yellow Book is the name given to the data compact disc (a common CD-ROM) format. Its name comes from the series of books, also called the 'Rainbow Books' that define all compact disc formats. It was developed by the creator of the compact disc, Sony/Phillips, and is now one of the most common CD formats.
Red Book is the name given to the compact disc digital audio format.
