Riku's first ability triggers, causing you to pay ({U} magic symbol) ({R} magic symbol) to copy Narset's Reversal, with the copy targeting the original Narset's Reversal.
Resolve the copy of Narset's Reversal, copying the original Narset's Reversal targeting Alrund's Epiphany, and returning the original Narset's Reversal to your hand.
Resolve the copy of Narset's Reversal created in step 5, copying Alrund's Epiphany and returning the original Alrund's Epiphany to your hand.
Resolve Alrund's Epiphany, causing you to take an extra turn after this one.
Repeat each turn.
Notes
You may pay an additional ({U} magic symbol) ({R} magic symbol) to copy the extra turn spell, and only need to do this loop during your second extra turn.