My first thought is resetting the file association. Right-click on the file, select "Open With" and select Microsoft Word. At the bottom of the screen will be a box that says, "Always open with this...". Ensure that check box is selected before opening the file.
If the path is getting altered (looked as if it was from your example) there may be something else intercepting the file... maybe a virus checker or, more likely, a plug-in within Word. I would also look for any plug-ins and remove/disable them.