Concept: Induced emf depends on relative motion. If loop and magnet move together with same speed, relative velocity = 0, flux constant, emf = 0.
Step 1: Relative speed = \(V - V = 0\). Flux constant \(\Rightarrow d\Phi/dt = 0 \Rightarrow \mathcal{E} = 0\).
Step 2: Write the final answer. \(\boxed{\mathcal{E}=0}\)