Good-Cooking - Rum-Apple Cake

Ingredients

• 1/2 cup butter
• 2 cups granulated sugar
• 3 eggs
• 1/2 cup water
• 2 cups flour
• 1 1/2 cups chopped nuts
• 4 apples
• 2 teaspoons baking soda
• 1/2 teaspoon salt
• 1/2 teaspoon nutmeg
• 1/2 teaspoon cinnamon
• 1 cup granulated sugar
• 1/2 cup half-and-half
• 1/4 cup rum or rum flavoring, to taste