Apostrophe showing up as e'

1

The XML:


<option>
<text><I steal the grue's lunch money and sneak away.</text>
</option>

The Actionscript:


var my_xml = new XML();
my_xml.ignoreWhite = true;
my_xml.onLoad = function(success) {
    if (success) {
    //blah blah...
    }
}

The result:

I steal the grue's lunch money and sneak away.

How do I fix this? It’s declared as UTF-8, but…