Application failed to initialize properly (0xc0150004)
You can get this error when you try to install BOINC on a system that does not have all the latest Windows updates.
First update your system completely, if the error persists, you will have to find a computer with the same version of Windows and navigate to its %systemdrive%:\Windows\WinSxS\ directory.
From here copy all the x86_Microsoft.VC* directories with their contents to your own system. Make sure the directory names stay intact.
Then reboot the system and try to install again.
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