Measurement of Time-Dependent CP Asymmetries and the CP-Odd Fraction in the Decay B0->D*+D*-

We present an updated measurement of time-dependent CP asymmetries and the CP-odd fraction in the decay B{sup 0} D*{sup +}D*{sup -} using 232 x 10{sup 6} B{bar B} pairs collected by the BABAR detector at the PEP-II B factory. We determine the CP-odd fraction to be 0.125 {+-} 0.044(stat) {+-} 0.007(syst). The time-dependent CP asymmetry parameters C{sub +} and S{sub +} are determined to be 0.06 {+-} 0.17(stat) {+-} 0.03(syst) and -0.75 {+-} 0.25(stat) {+-} 0.03(syst), respectively. The Standard Model predicts these parameters to be 0 and -sin2{beta}, respectively, in the absence of penguin amplitude contributions.