Let's break down and solve the expression $\frac{2^5}{2^5} - 1$ step by step:

1. Calculate the numerator:
   $2^5 = 32$.

2. Calculate the denominator:
   $2^5 = 32$.

3. Simplify the fraction:
   $\frac{32}{32} = 1$.

4. Subtract 1 from the result:
   $1 - 1 = 0$.

Thus, the final answer is:

$\boxed{0}$

Would you like more details or have any questions?

Here are 5 related questions to expand your understanding:

1. How does the MATLAB exp function calculate powers for non-integer bases?
2. What happens when you calculate $\frac{3^5}{3^5} - 1$?
3. How would you compute $\frac{2^5}{2^6} - 1$?
4. How do you convert angles from degrees to radians in MATLAB?
5. How can you plot trigonometric functions like sine and cosine in MATLAB?

Tip: In MATLAB, use .^ for element-wise power operations when dealing with vectors or matrices.