What is the output PEP of an unmodulated carrier if the average power is 1060 watts?
Why Peak envelope power is the average power during one RF cycle at the crest of the modulation envelope. An unmodulated carrier has a constant envelope, so every cycle is the crest cycle and PEP equals the average power, 1060 watts. This is why steady-carrier modes like unmodulated CW key-down make PEP measurements easy.
Watch out Doubling to 2120 watts or halving to 530 watts comes from confusing this with peak versus RMS voltage relationships or with modulated AM, where a fully modulated carrier's envelope peak reaches four times carrier power; none of that applies to a flat, unmodulated envelope.
Flat envelope, flat answer: no modulation means PEP = average power, same number in, same number out.