Ampersand in a choice of a choice field appears html encoded

I created a choice field where a choice contains an ampersand, then added an item to the list and for the choice field I selected the one with the ampersand.

Now if I go to the display form of the item the ampersand appears html encoded (&). However it is displayed correctly as an ampersand on the new, edit forms as well as on the list view.

Is there some solution for this to show it properly on the display form also?

I tried it on 2 installations and the issue was present on both. Both using SharePoint 2013 Foundation, one on Windows Server 2008 R2 with SQL Server 2012, and the other on Windows Server 2012 with SQL Server 2012.

I have also tried creating the list in Visual Studio and just using the SharePoint UI, the result is the same for both approach.