Becky's Favorite Rum Cake

cakes

----CAKE----
1 cup pecans; chopped
3 eggs
1/3 cup oil
18 1/2 oz yellow cake mix
1/2 cup ; water, cold
1/2 cup rum, dark (80 proof)
----GLAZE----
1/4 lb butter
1 cup sugar, granulated
1/4 cup ; water
1/2 cup rum, dark (80 proof)

Preheat oven to 325F. Grease and flour 10" tube or 12-cup Bundt pan. Sprinkle nuts over bottom of pan. Mix all cake ingredients together. Pour batter over nuts. Bake 1 hour. Cool. Invert on serving plate. Prick top. Spoon and brush glaze evenly over top and sides. Allow cake to absorb glaze. repeat till glaze is used up. Glaze: Melt butter in saucepan. Stir in water and sugar. Boil 5 minutes, stirring constantly. Remove from heat. Stir in rum. Optional: Decorate with border of sugar frosting or whipped cream.