Elegant looking and delicious, this classy looking sweet bread is a show stopper.
In a small bowl, combine wafers, butter, chopped almonds, water and almond extract. Set aside. On a lightly floured surface, roll half of dough into a 15x11 inch rectangle. Spread with half the wafer mixture. Roll dough starting from the short side of rectangle (as for jelly roll). Seal edges. Place on a sprayed baking sheet. Shape into a crescent. With scissors, make cuts to within 1 inch of the center at 1 inch intervals. Cover with sprayed plastic wrap. Repeat procedure with remaining ingredients. Let rise until double in size. Remove wrap. Bake at 350°F 20-25 minutes. Remove from baking sheets to wire racks. While warm, drizzle icing and sprinkle with slivered almonds.