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Buttered Rum Cake

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1 cup unsalted butter, softened

2 cups granulated sugar

4 large eggs

3 cups all-purpose flour

1 tablespoon baking powder

1/2 teaspoon salt

1 cup milk

1/2 cup dark rum

1 teaspoon vanilla extract

For the Rum Syrup:

1/2 cup unsalted butter

1 cup sugar

1/4 cup water

1/2 cup dark rum

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