Vertical Poles, Inc. manufactures pole vaulting paraphernalia of high quality. The company is listed on the NYSE and the stock is currently selling for $60. The stocks beta is 0.80. Investors expect a $2.25 dividend at year-end. The T-bill rate is 4.5% and the market risk premium is 8%. Based on the information given, what should be the stock price investors expect at the end of the year?