Disk with a "k" refers to your hard drive in your computer. Disc with a "c" refers to your CD. The disk you want to verify permissions on is your hard drive because it is possible that the permissions are messed up to a degree that your disc (the CD) won't mount on your desktop.
Your hard drive has its own set of complicated software which can get messed up. Disk Utility is what maintains and repairs this software for maximum performance. It is totally separate from your OS and other software. When I say to verify and repair if necessary both permissions and the disk, I mean the hard drive, not the CD.
The reason for starting with verifying both permissions and the disk is to make sure that there isn't a problem with permissions or the disk (hard drive) which is causing the problem with the CD. If you verify both permissions and the disk and still have the problem, please post back and we can chase it further. But this is just a logical first step to take, and it could even fix the problem.
Good luck!