[ARC5] AM modulating an "ARC-5" transmitter...

[AKLDGUY .]

Surely the peak power is the absolute limit for 100% modulation.
It doesn't matter whether the modulating waveform is a sine wave,
speech, square wave, or anything else. Cross that 100% line and
you're overmodulating and into the realm of distortion.

It's average power, not peak power, that is determined by the
modulating waveform.

73 de Neil ZL1ANM