corepack won't install yarn

$ corepack prepare yarn@stable --activate
Preparing yarn@stable for immediate activation...
Internal Error: ENOENT: no such file or directory, stat 'C:\Users\jop\.node\corepack\yarn\3.2.3'
Error: ENOENT: no such file or directory, stat 'C:\Users\jop\.node\corepack\yarn\3.2.3'

After seeing this error, I tried to assist it by making the directory but yarn.js is not found

$ New-Item -ItemType Directory -Force C:\Users\jop\.node\corepack\yarn\3.2.3
$ corepack prepare yarn@stable --activate
Preparing yarn@stable for immediate activation...
$ yarn
Internal Error: Cannot find module 'C:\Users\jop\.node\corepack\yarn\3.2.3\yarn.js'
    at Function.Module._resolveFilename (node:internal/modules/cjs/loader:956:15)
    at Module.loadMainModule (C:\Program Files\nodejs\node_modules\corepack\dist\corepack.js:16234:70)
    at Module.runVersion (C:\Program Files\nodejs\node_modules\corepack\dist\corepack.js:15878:52)
    at executePackageManagerRequest (C:\Program Files\nodejs\node_modules\corepack\dist\corepack.js:16123:62)
    at async BinaryCommand.validateAndExecute (C:\Program Files\nodejs\node_modules\corepack\dist\corepack.js:12484:26)
    at async Cli.run (C:\Program Files\nodejs\node_modules\corepack\dist\corepack.js:12145:24)
    at async main (C:\Program Files\nodejs\node_modules\corepack\dist\corepack.js:16163:16)

$ corepack prepare pnpm@latest --activate
Preparing pnpm@latest for immediate activation...
$ pnpm
Version 7.11.0

Reproduce the reported corepack prepare yarn@stable --activate failure on Windows, then compare it with the working pnpm@latest flow shown in the issue. Trace the Yarn preparation and activation path from the installed Corepack entry point; done means Yarn is installed with yarn.js present and the yarn command starts successfully.