Windows is unable to install ‘Live 8.3’

When I run the Ableton Live installer (*.msi setup file) it goes to the following error:
An error occurred during the installation of assembly 'Microsoft.VC90.MFC […] please refers to Help and Support for more information.

An error occurred during the installation of assembly 'Microsoft.VC90.MFC, version=”9.0.30723.6161”, publicKeyToken=”1fc8b3b9a1e18e3b”, processor architecture=”amd64”.type=”win32”. Please refer to Help and Support for more information.
I am attaching the screen shot of the error message.
If I press the OK button in the error message the installation fails to proceed next and finish.
Please help me out of this error, I will very thankful to you.
Thanks in advance.
