What I need is Linux Fedora Live CD.
I have DUALBOOT.odt
1) Windows 7 (x64)
2) Linux Fedora 21 (x64)
I would greatly appreciate any advice on how to setup dual boot.

This should work for you.

Install Dual-Boot of Linux Fedora 14 ('Laughlin') on a Windows 7 computer

Just remember to shrink your Windows partition to get this up and running.
I used this method to install Sabayon on my Windows Laptop.

But to be honest it would be best to start from scratch and install everything new, dividing your disk up how you would like and then install windows first boot to make sure it is working and then install linux. I allow grub to boot my windows partition.

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with win7 at the end of it's "normal" life
you might not be able to buy a win7 install dvd ( it was free when 7 came out )

so

Did you make the NEEDED and likely REQUIRED "rescue dvd "

you might have to REINSTALL 7 and NOT use the "rescue partition "
that partition messes things up big time

split the drive 50/50
install win7 on the first partition
make a linux /boot partition on the second half
along with a / and home ( or use the default LVM)

install fedora to the 3 partition and
install grub to the first LINUX!! partition

One needs to be careful with the "rescue cd" especially if it is vendor specific. Those are programmed to use the entire HD not just a portion.

There are places on the net where you can download your version and then apply your key to it that would work with a partitioned HD.