Step 1 :We have that
Step 2 :\[\tan 69^\circ - \frac{\cos 21^\circ}{\cos 69^\circ} = \tan 69^\circ - \frac{\sin 69^\circ}{\cos 69^\circ}\]
Step 3 :Since \(\tan x = \frac{\sin x}{\cos x}\), we can rewrite the expression as
Step 4 :\[\tan 69^\circ - \tan 69^\circ = 0\]
Step 5 :So, the exact value of the expression is \(\boxed{0}\).