need advice on attaching banana plug to cables

This question probably seems pretty lame but since I have searched the forum unsucessfully for an explanation could I please get some learned input as to how this is done.

I bought a setof (8) Nakamichi locking banana plugs and some Canare Star Quad bulk cable with the intention of setting up a biwired "shotgun" arrangement. These bananas have two set screws which evidently get backed out, then after threading the conductor through the back end, drawn back down to secure the cable in place.

But how does one go about making a good connection? Surely it is not enough just to jam the bare wire end down to the bananas inner base before tightening these set screws? I see nothing to crimp or solder the wire to on the inside of the banana plug.

Some help on this would be greatly appreciated.