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Dulce de Leche - Caramelized Condensed Milk

Cooking Time: 2 hours, 30 minutes Yield: 8 servings Level: Intermediate

Ingredients

1 medium size can of sweetened condensed milk
Water

Directions

Place the condensed milk can in a deep saucepan. Add water until water level is 1 inch above the can. Boil water for two and a half hours. Take the can out of the water and let it cool. Open the can. Spread the caramelized, condensed milk on bread or wafers.