MediaMonkey 4 “Failed To Get Data for InstallDate”

Because searching for it on Google bought no useful nor English results…
If you install MediaMonkey 4, open it for the first time, do the setup, then go to rip a CD, you may get a message that says “Failed To Get Data for InstallDate”.
I have no idea why it cares what the install date is or how it is relevant to ripping a CD, but the solution is simple: close Media Monkey. Open MediaMonkey (note how it doesn’t ask for UAC elevation if you use UAC). Try to rip the CD. It should now work.