Do you think I can used this pan?

Making a carrot ring. Very delicious and rich recipe I have had for years. But lost my ring mold pan.

I can append the recipe so you can review it if you wish to figure out what you think. The recipe calls for baking the carrot ring in hot water. I do still have a spring mold pan  ...  you know, for like angel food cake.

Do you think if I line the spring mold pan with aluminum foil or parchment paper I can get away with using it without it allowing the water in?

Also, it has been so long since I made the recipe  ...  thinking about using it for Thanksgiving  ...  that I don't recall how I did this. Do you think I am supposed to use like hot tap water or boiling water around the ring pan before putting it in the oven? Do you think that they mean put the whole set-up in the oven, and the water will heat up?

Also, when they say to add the egg whites, do you think they mean those should be beaten first?

Thanks for taking the time to look at this.

Here's the recipe, that was given to me by the wonderful mother of a wonderful man.

Carrot ring

1 c butter

1/2 c brown sugar

1-1/2 c grated carrots

2 eggs, separated

1/2 t salt

1 c flour

1 T cold water

1 t lemon juice

1/2 t baking soda

1 t baking powder

Melt butter and mix egg yolks and sugar. Beat. Sift flour, salt. soda and baking powder. Add carrots to hot mixture and then add flour mixture. Add water and lemon juice. Fold in eggs whites. Bake in greased ring mold in hot water.