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Hi, you are using an NPN transistor. To turn it ON voltage on the base has to be 0.5-0.7V higher then the emitter voltage. Since the voltage swing of the base is -2.5 to +2.5 V the voltage swing on the emitter will be at most 0 to 2.0V. You have a +2.5V voltage source connected to 3.83k resistor...
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