This path should exist for 32-bit applications even if you can't see itbecause it is virtual.
Just running that executable from an existing 32-bit executable might not work. I got it to work when I rewrote the original payload to use this path instead of just powershell.exe with no path.
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Running Powershell commands from CMD
You can do it like this, but you need to press enter to get the output.