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Sift dry ingredients together.
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In large bowl, with electric mixer, beat butter until creamy.
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Gradually add sugar, beating until light and fluffy.
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With mixer on "cream", add eggs, one at a time, beating well after each addition.
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Add almond extract.
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Stir in coconut.
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Turn into greased 10" tube pan or bundt pan.
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Bake one hour at 325.
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Cool 30 min before removing from pan.
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This cake can be frozen.