Apply the properties of Integer Exponents and find the simplified answer.

4^0 * 5^-2
(-2)^-3

5/25
or
-8/25
or
-25/5
or
8/25

The simplified answer for 4^0 * 5^-2 is 1 * 1/25 = 1/25.

The simplified answer for (-2)^-3 is -1/8.

Therefore, the correct answer is 1/25 and -1/8.