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We have used our new technique for fully numerical evolutions of orbiting black-hole binaries without excision to model the last orbit and merger of an equal-mass black-hole system. We track the trajectories of the individual apparent horizons and find that the binary completed approximately one and a third orbits before forming a common horizon. Upon calculating the complete gravitational radiation waveform, horizon mass, and spin, we find that the binary radiated 3. 2% of its mass and 24% of its angular momentum. The early part of the waveform, after a relatively short initial burst of spurious radiation, is oscillatory with increasing amplitude and frequency, as expected from orbital motion. The waveform then transitions to a typical ``plunge'' waveform; i. e. a rapid rise in amplitude followed by quasinormal ringing. The plunge part of the waveform is remarkably similar to the waveform from the previously studied ``ISCO'' configuration. We anticipate that the plunge waveform, when starting from quasicircular orbits, has a generic shape that is essentially independent of the initial separation of the binary.
Campanelli et al. (Fri,) studied this question.